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Stock impact report

Argus Cuts Schwab (SCHW) Target after Q1, Sees Continued Growth Ahead [Yahoo! Finance]

Charles Schwab Corporation (The) (SCHW) 
Last charles schwab corporation (the) earnings: 4/15 08:45 am Check Earnings Report
US:NYSE Investor Relations: aboutschwab.com/investor-relations
Company Research Source: Yahoo! Finance
Photo by Vitaly Taranov on Unsplash On April 20, Argus Research lowered its price recommendation on The Charles Schwab Corporation (NYSE:SCHW) to $108 from $117. It reiterated a Buy rating on the shares. The update came following the company's Q1 results last week. Revenue increased 16%, with growth coming from most major segments. Net interest margin also moved higher, and total client assets reached $11.8T. The firm noted that Schwab is still positioned to grow faster than its peers over the medium term, pointing to its product lineup and steady market share gains. On April 17, Morgan Stanley analyst Michael Cyprys lowered the price target on Charles Schwab to $125 from $135 and maintained an Overweight rating. The analyst said the Q1 report “reinforced what we see as an increasingly differentiated earnings/growth story within our Brokers coverage.” After the results, the firm raised its FY26 and FY27 EPS estimates by 3.6% and 4.7%, respectively, while trimming the price target Show less Read more
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